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Cable Update (GBPUSD)

  • #122,601
  • Feb 22, 2009 11:40pm Feb 22, 2009 11:40pm
Quoting malcolmb14
now you tell me. ... I am long .....1,4485 ....
Dude...I am as green as they come...wouldn't exactly be following my plays, you seem to be doing fine on yer own. I was just lucky guess....
Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #122,602
  • Feb 22, 2009 11:42pm Feb 22, 2009 11:42pm
Quoting malcolmb14
now you tell me. ... I am long .....1,4485 ....

I have method to the madness and indies are thrown out of the window only volume and price action

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  • #122,603
  • Feb 22, 2009 11:46pm Feb 22, 2009 11:46pm
Quoting Magix
Dude...I am as green as they come...wouldn't exactly be following my plays, you seem to be doing fine on yer own. I was just lucky guess....
mixed signals .....


one thing though rsx has moved down alot on 15 min and price has not really gone anywhere ... setting up for nice curl up maybe ,,,,,

not long till frankfurt now
Blogging daily now at www.volume.zone
  • #122,604
  • Feb 22, 2009 11:48pm Feb 22, 2009 11:48pm
Quoting malcolmb14
now you tell me. ... I am long .....1,4485 ....
I am with you on being bullish G/U. I even told myself and found many reasons to be bullish this week. But I still cannot ignore trading near s/r, as this is my style of trading.

If we open London near 4550/4600, I can see London selling into this. Usually, major market openings at resistance prompts selling, as the best place to sell is at a resistance.

Maybe a drift to 440x before London to give them some decent buying opportunities. /??
  • #122,605
  • Feb 22, 2009 11:51pm Feb 22, 2009 11:51pm
Quoting jack.canadia
I am with you on being bullish G/U. I even told myself and found many reasons to be bullish this week. But I still cannot ignore trading near s/r, as this is my style of trading.

If we open London near 4550/4600, I can see London selling into this. Usually, major market openings at resistance prompts selling, as the best place to sell is at a resistance.

Maybe a drift to 440x before London to give them some decent buying opportunities. /??
I am with you except about 1.4360
  • #122,606
  • Feb 22, 2009 11:52pm Feb 22, 2009 11:52pm
My reasons for bears still in ownership...
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Money Can't Buy Happiness. Poverty Can't Buy SHIT! You Choose!
  • #122,607
  • Feb 22, 2009 11:53pm Feb 22, 2009 11:53pm
Im out too..took my little pips off short..and will wait for london session ...
see what she delivers...

all other pairs are slowing down..volume is low
anything can happen...
this short and long occuring is just small reflex ...when there is no volume..it occurs...
bound to occur until real volume makes the move...
  • #122,608
  • Feb 22, 2009 11:55pm Feb 22, 2009 11:55pm
I agree until I see my levels, I will wait for London
  • #122,609
  • Feb 22, 2009 11:56pm Feb 22, 2009 11:56pm
Went long again 1.4505, SL moved to 1.4495 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,610
  • Feb 22, 2009 11:58pm Feb 22, 2009 11:58pm
Quoting sofia101
I am with you except about 1.4360
I have this area already on my chart... we took off from here before the current bull move. I haven't ruled this level out either. Hopefully we get there, I'm still short.
  • #122,611
  • Feb 23, 2009 12:01am Feb 23, 2009 12:01am
Quoting manize
Went long again 1.4505, SL moved to 1.4495 !
SL moved to 1.4513 !
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,612
  • Feb 23, 2009 12:05am Feb 23, 2009 12:05am
Bullish Continuation Pattern at H4 TF
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  • #122,613
  • Feb 23, 2009 12:06am Feb 23, 2009 12:06am
Quoting manize
SL moved to 1.4513 !
Ups hit again + 8 pips. Twice did long and hit at secured level all, indicate that she told me to wait for London session opening ! But my bias still up till at least 1.46xx
I only trade XAU/USD. Based on USD news & Fib SR & BB20
  • #122,614
  • Feb 23, 2009 12:06am Feb 23, 2009 12:06am
Is London section opened? It's so quiet.
  • #122,615
  • Feb 23, 2009 12:09am Feb 23, 2009 12:09am
Quoting trader8686
Is London section opened? It's so quiet.
Dubai and Moscow on line

Frankfurt at top of hour

than London 1hr 50 min
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  • #122,616
  • Feb 23, 2009 12:11am Feb 23, 2009 12:11am
Quoting jack.canadia
I have this area already on my chart... we took off from here before the current bull move. I haven't ruled this level out either. Hopefully we get there, I'm still short.
Jack I am out from my little scalp I did get 50 pips out of it and now we will go up first and then hopefully down here is my chart one more time it's 4H
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  • #122,617
  • Feb 23, 2009 12:16am Feb 23, 2009 12:16am
Quoting sofia101
Jack I am out from my little scalp I did get 50 pips out of it and now we will go up first and then hopefully down here is my chart one more time it's 4H

I like 2 levels on that chart 1.4640 and 1.5000 ... either one will do me ...lol
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  • #122,618
  • Feb 23, 2009 12:16am Feb 23, 2009 12:16am
Quoting sofia101
Jack I am out from my little scalp I did get 50 pips out of it and now we will go up first and then hopefully down here is my chart one more time it's 4H
How far we will be up estimately?
  • #122,619
  • Feb 23, 2009 12:23am Feb 23, 2009 12:23am
Quoting trader8686
How far we will be up estimately?
I can't see higher then 1.4605
  • #122,620
  • Feb 23, 2009 12:25am Feb 23, 2009 12:25am
Quoting trader8686
How far we will be up estimately?

on a 1-2-3 buy with fib extensions could be any one of those levels .....

1,4550
1.4570
1.4600 ( I favour this one)
1.4700

all depends what London has in store for us

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